Special to WorldTribune.com

ABU DHABI — ExxonMobil expects to win major energy projects in the
United Arab Emirates.

The U.S. energy giant expressed confidence that it would be awarded crude oil and natural gas concessions in the UAE.

The company, with two concessions in the Gulf Cooperation Council state, has been preparing for a UAE tender for energy fields over the next year.

“We believe we have the strengths, the technology, the people and the tools that Abu Dhabi should be looking for, and in that context I see ourselves as a company that can be one of those partners,” ExxonMobil UAE president Morten Mauritzen said.

ExxonMobil has sought to become a partner with the state-owned Abu Dhabi Co. for Onshore Oil Operations, or ADCO, in the renewal of concessions in 2014.

ADCO has spearheaded a UAE strategy to increase crude oil production
capacity from the current 2.7 million to 3.5 million barrels per day by
2017.

  Abu Dhabi Co. for Onshore Oil Operations, crude oil and natural gas concessions, ExxonMobil confident of future UAE oil and gas concessions, Morten Mauritzen, UAE energy fields